The Photo Request has been fulfilled.

 
 William Hartman Woodin

William Hartman Woodin

Birth
Berwick, Columbia County, Pennsylvania, USA
Death 3 May 1934 (aged 65)
New York, New York County (Manhattan), New York, USA
Burial Berwick, Columbia County, Pennsylvania, USA
Memorial ID 14559912 · View Source
Suggest Edits

US Presidential Cabinet Secretary. He served as the 51st United States Secretary of the Treasury (1933) during the Administration of President Franklin D. Roosevelt. After graduating from Columbia University School of Mines, he joined the Jackson and Woodin Manufacturing Company (manufacturers of freight cars) and worked his way up the corporate ladder to become general superintendent. He was elevated to vice president in 1896 and following the company’s acquisition by the American Car and Foundry Company in 1899, he eventually became president. He served as the Director of the Federal Reserve Bank of New York from 1927 to 1932. A close friend of Franklin D. Roosevelt, Woodin became the US Secretary of the Treasury following the beginning of Roosevelt’s first term in 1933. Immediately, he confronted the daunting task of solving the financial crisis for which plagued the country since the start of “The Great Depression” (1929). Woodin was a key figure in the passage of the Banking Act of 1933, for which resulted in the establishment of the Federal Deposit Insurance Corporation (FDIC). This guaranteed that the federal government would insure account holders’ savings within a limit, thus restoring trust in the American banking system. Additionally, regulations were put in place for financial institutions to follow. He held the distinction of appearing on the front cover of a March 1933 issue of Time Magazine. Woodin resigned less than a year after taking the position due to poor health and died in 1934.

Bio by: C.S.


Family Members

Children

Advertisement

Advertisement

Advertisement

Advertisement

How famous was William Hartman Woodin?

Current rating:

14 votes

Sign-in to cast your vote.

  • Maintained by: Find A Grave
  • Originally Created by: C.S.
  • Added: 10 Jun 2006
  • Find A Grave Memorial 14559912
  • Find A Grave, database and images (https://www.findagrave.com : accessed ), memorial page for William Hartman Woodin (27 May 1868–3 May 1934), Find A Grave Memorial no. 14559912, citing Pine Grove Cemetery, Berwick, Columbia County, Pennsylvania, USA ; Maintained by Find A Grave .